Cardiex September 2024 Quarter Update

Highlights:

• Manufacturing of the initial 8,000 CONNEQT Pulse units commenced with the expected arrival of units in the USA late-November/early December.
• Pulse waitlist now exceeds 20,000 with activities now focused on sales conversion.
• Completed clinical validation study of wearable technology, with an FDA pre-submission meeting scheduled for November to advance the clearance process.
• Completion of usability study for submission for additional OTC clearance for the Pulse.
• Strong clinical sales pipeline with momentum towards new Q2 contracts.
• Grand prize winner of the U.S. National Institute of Health’s RADx® Maternal Health Challenge securing US$525,000 in prize funding.
• New R&D Term Loan Facility with Mitchell Asset Management to provide additional flexibility with R&D initiatives and working capital requirements.

Click here for the September Quarterly Appendix 4C

Click here for the full ASX Release

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